Redemption of Shares by Trustees. The Trustees may, at their option, call for the redemption of the Shares of any Person or may refuse to transfer or issue Shares to any Person to the extent that the same is necessary to comply with applicable law or advisable to further the purposes for which the Trust is formed. To the extent permitted by law, the Trustees may retain the proceeds of any redemption of Shares required by them for payment of amounts due and owing by a Shareholder to the Trust or any Portfolio.
Appears in 87 contracts
Samples: Agreement and Declaration of Trust (Aim Summit Fund), Agreement and Declaration of Trust (Short Term Investments Trust), Agreement and Declaration of Trust (Aim Variable Insurance Funds)
Redemption of Shares by Trustees. The Trustees may, at their option, call for the redemption of the Shares of any Person or may refuse to transfer or issue Shares to any Person to the extent that the same is necessary to comply with applicable law or advisable to further the purposes for which the Trust is formed. To the extent permitted by law, the Trustees may retain the proceeds of any redemption of Shares required by them for payment payments of amounts due and owing by a Shareholder to the Trust or any Portfolio.
Appears in 18 contracts
Samples: Agreement and Declaration of Trust (Old Mutual Advisor Funds Ii), Trust Agreement (Aim Variable Insurance Funds), Agreement and Declaration of Trust (Aim Funds Group/De)
Redemption of Shares by Trustees. The Upon the terms and conditions set forth in the Bylaws, the Trustees may, at their option, may call for the redemption of the Shares of any Person or may refuse to transfer or issue Shares to any Person to the extent that the same is necessary to comply with applicable law or advisable to further the purposes for which the Trust is formed. To the extent permitted by law, the Trustees may retain the proceeds of any redemption of Shares required by them for payment of amounts due and owing by a Shareholder to the Trust or any Portfolio.
Appears in 3 contracts
Samples: Trust Agreement (Aim Funds Group/De), Trust Agreement (Aim Special Opportunities Funds), Trust Agreement (Aim Investment Securities Funds Inc)
Redemption of Shares by Trustees. The Upon the terms and conditions get forth in the Bylaws, the Trustees may, at their option, may call for the redemption of the Shares of any Person or may refuse to transfer or issue Shares to any Person to the extent that the same is necessary to comply with applicable law or advisable to further the purposes for which the Trust is formed. To the extent permitted by law, the Trustees may retain the proceeds of any redemption of Shares required by them for payment of amounts due and owing by a Shareholder to the Trust or any Portfolio.
Appears in 1 contract
Redemption of Shares by Trustees. The Trustees may, at their option, call for the redemption of the Shares of any Person or may refuse to transfer or issue Shares to any Person to the extent that the same is necessary to comply with applicable law or advisable to further the purposes for which the Trust is formed. To the extent permitted by law, the Trustees may retain the proceeds of any redemption of Shares required by them for payment of amounts due and owing by a Shareholder to the Trust or any Portfolio.advisable
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Aim Equity Funds Inc)
